Reinsurers quit Brazil.
Reinsurers are closing or slimming down their offices in Brazil
because of delays in liberalising the Brazilian market.
A date has still not been set for the sale of state-owned reinsurer, IRB
Brasil
because of delays in liberalising the Brazilian market.
A date has still not been set for the sale of state-owned reinsurer, IRB
Brasil
More on Reinsurance
Disappointment in discount rate
Zurich disappointed in new #discountrate. David Nichols, Ch Claims Officer: "The failure to change the discount rate to a balanced level will only serve to increase the cost and, therefore, affordability of certain types of insurance - especially for higher risk customers." pic.twitter.com/ac1CfBzfxX
— Zurich Insurance UK (@ZurichInsUK) July 15, 2019
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